Bob Edwards, making the media rounds to plug the launch of his new show on XM Radio, tells the New York Times he’s excited about his new gig even though “you wouldn’t think, at 57, you could get excited about much of anything.” In a Q-and-A with media website mediabistro.com, Edwards describes XM’s plan for his show as “Let Bob be Bob.” “So for better or worse,” he says, “that’s what you’ll get.”

Boston University is investigating charges of nepotism and financial mismanagement leveled anonymously against WBUR-FM, reports the Boston Herald. (More in the Boston Globe.)

Jim Lehrer’s performance moderating last night’s presidential debate drew widespread praise, but the conservative media watchblog NewsMax didn’t like it one bit. (For more debate reviews, visit Romenesko and page down.)

Bob Edwards tells the Boston Globe that his talk show debuting Monday on XM Radio will spotlight “a more relaxed me.” Also: an employee at Boston’s WMBR protests cuts in world music and Haitian-oriented shows at the station. (Via Romenesko.)

WBUR-FM in Boston has delayed the sale of its Rhode Island stations at least until it replies to demands from the state’s attorney general, reports the Boston Globe and the Providence Journal. The Journal also scrutinizes the payroll allocations among WBUR’s operations.

WBUR-FM in Boston ran up deficits of almost $5 million from 1999 to 2003, reports the Providence Journal. The Journal also reports that Rhode Island’s attorney general has asked WBUR for more financial information related to the possible sale of WRNI in Providence, and the state’s Governor is concerned as well. (More in the Boston Globe.)

Public radio listeners in Humboldt County, Calif., are upset about Oregon-based Jefferson Public Radio’s recent purchase of a local station that aired a continuous BBC feed, reports the Times-Standard.

The Washington Post briefly summarizes the threat satellite radio poses to public radio.

Tuesday’s Diane Rehm Show celebrated the host’s 25th year on the air.

The San Antonio Current profiles Joe Gwathmey, a founder of NPR and manager of KPAC/KSTX. “I’ve always had a populist streak,” he says.

Longtime backers of Rhode Island’s WRNI-FM are considering ways to keep the station public, reports the Providence Journal. The Journal also reports that WRNI’s deficits topped $9 million in its first five years. And the Boston Phoenix calls on WBUR to be more open about its finances. The Phoenix‘s Dan Kennedy asks a few more questions on his blog.

When Bill O’Reilly gets it right, it means the news about the news could well get worse.

Mississippi Public Broadcasting has duct tape to thank for its weathering of Hurricane Ivan, reports the Kansas City Star.

Terry Gross and Bill O’Reilly rehashed their earlier confrontation on last night’s O’Reilly Factor. “You pride yourself on being the toughest interviewer on TV, and to think that you couldn’t stand up to my slightly challenging questions,” Gross said. (Via Romenesko.)

CPB joined with the Institute of Museum and Library Sciences to create a multiyear $3 million grant fund to aid local collaborative projects. IMLS is a federal agency comparable to the arts endowment.